Balfour Beatty Balance Sheet Health
Financial Health criteria checks 4/6
Balfour Beatty has a total shareholder equity of £1.2B and total debt of £780.0M, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are £5.4B and £4.2B respectively. Balfour Beatty's EBIT is £136.0M making its interest coverage ratio -3. It has cash and short-term investments of £1.3B.
Key information
66.3%
Debt to equity ratio
UK£780.00m
Debt
| Interest coverage ratio | -3x |
| Cash | UK£1.28b |
| Equity | UK£1.18b |
| Total liabilities | UK£4.20b |
| Total assets | UK£5.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BBYL's short term assets (£2.8B) do not cover its short term liabilities (£2.9B).
Long Term Liabilities: BBYL's short term assets (£2.8B) exceed its long term liabilities (£1.3B).
Debt to Equity History and Analysis
Debt Level: BBYL has more cash than its total debt.
Reducing Debt: BBYL's debt to equity ratio has increased from 62.7% to 66.3% over the past 5 years.
Debt Coverage: BBYL's debt is well covered by operating cash flow (34.9%).
Interest Coverage: BBYL earns more interest than it pays, so coverage of interest payments is not a concern.